Stratrix
On the Record · EP Energy

EP Energy acquisitions, on the record

The businesses EP Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
proved and unproved properties located in the Permian basin
Word for word“In 2017, we acquired proved and unproved properties for approximately $29 million located in the Permian basin.” 10-K for 2017
acquisition2017approximately $29 million
assets located in the Haynesville and Bossier shales
Word for word“In 2016, we completed the sale of our assets located in the Haynesville and Bossier shales for approximately $420 million (net cash proceeds of $388 million after customary adjustments).” 10-K for 2017
divestiture2016approximately $420 million (net cash proceeds of $388 million after customary adjustments)
approximately 12,000 net acres adjacent to our existing Eagle Ford Shale acreage
Word for word“In 2015, we acquired approximately 12,000 net acres adjacent to our existing Eagle Ford Shale acreage for approximately $111 million .” 10-K for 2017
acquisition2015approximately $111 million
Eagle Ford acreage / producing properties in La Salle County
Word for word“Pursuant to our strategy, during 2018, we (i) completed acquisitions expanding our Eagle Ford acreage position by approximately 30 percent in La Salle County, for approximately $277 million and (ii) completed the sale of certain assets in NEU representing approximately 13 percent of our NEU acreage position for approximately $177 million .” 10-K for 2018
acquisitionduring 2018approximately $277 million
Producing properties and proved undeveloped acreage in Eagle Ford
Word for word“Acquisitions. In 2018, we completed the acquisition of producing properties and proved undeveloped acreage in Eagle Ford for approximately $246 million , after customary adjustments.” 10-K for 2018
acquisitionIn 2018approximately $246 million
Additional working interests in certain producing properties in Eagle Ford
Word for word“During 2018, we completed an acquisition of additional working interests in certain producing properties in Eagle Ford for approximately $31 million , after customary closing adjustments.” 10-K for 2018
acquisitionDuring 2018approximately $31 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$0
2017-12-31$29 million
2018-12-31$292 million
2019-12-31$21 million

Deal filings since 2016

Read from EP Energy’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-03-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.